Here are 6 ways to improve your process of attracting and hiring the top candidates: 1. Writing effective job description Different job descriptions will attract different candidates. What is your key message in your job posting? Is it the great company culture or flexible schedule or best-in-class organization…? For example, some people are motivated by … Read more
One of the most effective ways to help you with both of these programs (help your customer acquisition as well as help you with your customer retention) is the customer insight or in other words knowing more about your customers by building and managing an organized information system. When you improve your customer insight and … Read more
Financial projections or projection of financial objectives and needs is definitely the single section of the business plan practice with which executives and managers positions the business expectations in accordance with the anticipated financial, economical, technological, and market conditions. Any time business strategies are really created, they normally are organized close to particular objectives established … Read more
Activity based cost is a management approach that recognizes those activities that the company executes, and after that designates indirect costs to products and services. An activity based costing process identifies the connection among expenses, systems and products and services, and by way of this particular relationship designates indirect costs to products and solutions significantly … Read more
Analysis of Sales Performance 1. Lead Generation Process Analysis Every sales opportunity starts with lead generation. While the lead generation process will be different for different companies the single common thing for each process is that it needs to create steady flow of high quality leads. It’s not always about the numbers – how many … Read more
Process Virtually any recurring business activity whether it is within a production or service setting. Quality management professionals gather information about variations throughout results related to each and every process for continuous improvement. Six sigma Six sigma is actually a statistical principle which calculates a process defects. Accomplishing six sigma implies the processes will be … Read more
Profit Analysis The following three financial profit ratios can be easily tracked and measured by using your income statement or profit and loss statement. While the content of any P&L statement might be different from one business to another, the layout of any P&L report follows the same logic. The top of the statement includes … Read more
Key Performance Indicators To understand what is KPI, let us draw parallels with football, you have your offensive line and your defensive line and the success of the team depends on the performance of both the lines. Similarly, in business the success depends on certain parameters or activities and these are used as characteristics on … Read more